- Ffo Offer Worth $40.3 Million

BRIEFCASE

April 15, 1997

Republic Bancshares Inc. of St. Petersburg said Monday it would pay $40.3 million, or nearly twice the book value, to acquire FFO Financial Group Inc., parent company of First Federal Savings and Loan of Osceola County. Republic, parent of Republic Bank, expects to complete the deal in the third quarter after regulatory approval.